Bigbee Inc. had $$150,000$ in cash on the balance sheet at the beginning of the year. At year$-$end, the company had $$225,000$ in cash. We know cash flow from operating activities totaled $$600,000,$ and cash flow from long$-$term investing activities totaled $-$$$1,500,000.$ Furthermore, Bigbee issued $$560,000$ in long$-$term debt during the year to fund new projects and increase liquidity. If dividends paid to stockholders equaled $$380,000,$ how much common stock did Bigbee issue during the year? $($Assume that the only financing activities in which Bigbee engaged involved long$-$term debt, payment of dividends, and common stock.$)$

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Ans To find out how much common stock Bigbee issued during the year we need to consider the changes ... View the full answer